Retail For Sale
116 S Miami Ave, Miami, FL 33130

$3,999,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11704370
  • Virtual Tour: YES
  • List Price: $3,999,000
  • Taxes:$41,774
  • Year Built:1901
  • Listing Date:December 9, 2024
  • Days On Market:223

Description


Stand Alone Retail building in downtown Miami, FL. Investor potential proforma 6% cap rate for new owner. Owner-occupied. Also, potential development Site. Build up to 102 units as in a Transit Oriented Development (“TOD”) area using the Live Local/SB-102 Act. Zoned T6-80-O. Close to Luxury Developments, Flagler Street Promenade & the Miami Ave Metro-station at SE/SW 1st Street. Minutes to Brickell City, Miami World Center, & Kaseya Centers; Arts & Entertainment District, Bayfront Park; or via Miami Central Station connect to Miami’s Airport or Brightline. Shop at Whole Foods, Publix & Aldi. Set amongst tourist destinations, offices, & dining/nightlife & sports.

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker